HCL Awarded Application Development and Maintenance Services

Contract by Deutsche Bank

London, UK, Noida, India November 17, 2015: HCL Technologies (HCL), a leading global IT
services provider today announced that it has signed an Application Development and
Maintenance contract with Deutsche Bank. Under the terms of agreement, HCL will provide
digital solutions, systems integration, product implementation and design, build and test new
applications in addition to the ongoing application maintenance and support services.
HCL will manage and enhance some of the existing application suites, including corporate
banking and securities, global transaction banking, asset and wealth management, and risk,
finance and back-office operations across Deutsche Bank group. The program is part of a
broader strategic initiative by Deutsche Bank. HCL is an innovation partner for the companys
digital strategy which aims to enhance customer experience by bringing innovation to its
products, services and operations.
In todays challenging business environment, IT applications - especially governance, risk and
compliance applications - need to be highly reliable, scalable, and continuously optimized in
order to deliver world-class experience to our customers, said Kim Hammonds, Group CIO,
Deutsche Bank. HCL is a long-standing partner, and we believe HCLs applications
development and maintenance expertise and deep industry knowledge will create significant
business impact for us.
We are pleased to have been selected by Deutsche Bank and we look forward to helping
them create a high performance banking application portfolio to support their key
programmes over the coming years, said Parag Samarth, Corporate Vice President
Financial Services, HCL Technologies. Innovative companies realize unique value by creating
an agile IT function that drives innovation and growth, adapting their application landscapes
to rapidly changing business environments.
HCL provides a comprehensive range of custom application development services that enable
enterprises to exploit the power of custom applications to support new capabilities and
enhance their customer and partner experience. HCL brings over 35 years of experience in
managing complex IT application and infrastructure environments, offering a full set of
Application Support and Maintenance solutions. HCL provides forward-thinking organizations
with transformational solutions that meet their individual business requirements.
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients in areas that impact and
redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999
and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 31 countries
and has consolidated revenues of US$ 6.1 billion, as on 30th September 2015 (on LTM basis).

HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, offering
an integrated portfolio of services including Enterprise Digitalization, Internet of Things, Engineering
Services Outsourcing and Next Generation IT Outsourcing that focuses on transformation-led
infrastructure services, applications services and business services. HCL leverages its extensive global
delivery capabilities and integrated innovation labs across the world to provide holistic, multi-service
delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications,
Media, Publishing & Entertainment, Retail & CPG, Life sciences & Healthcare, Oil & Gas, Energy &
Utilities, Travel, Transportation & Logistics and Government. With 105,000+ professionals from
diverse nationalities, HCL Technologies focuses on creating real value for customers by taking
Relationships Beyond the Contract. For more information, please visit www.hcltech.com.
Forward-looking Statements
Certain statements in this release are forward-looking statements, which involve a number of risks,
uncertainties, assumptions and other factors that could cause actual results to differ materially from
those in such forward-looking statements. All statements, other than statements of historical fact are
statements that could be deemed forward-looking statements, including but not limited to the
statements containing the words 'planned', 'expects', 'believes, strategy', 'opportunity', 'anticipates',
'hopes' or other similar words. The risks and uncertainties relating to these statements include, but
are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings,
fluctuations in earnings, our ability to manage growth, intense competition in IT services, business
process outsourcing and consulting services including those factors which may affect our cost
advantage, wage increases in India, customer acceptances of our services, products and fee structures,
our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in
a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts,
client concentration, restrictions on immigration, our ability to manage our international operations,
reduced demand for technology in our key focus areas, disruptions in telecommunication networks,
our ability to successfully complete and integrate potential acquisitions, the success of our brand
development efforts, liability for damages on our service contracts, the success of the companies
/entities in which we have made strategic investments, withdrawal of governmental fiscal incentives,
political instability, legal restrictions on raising capital or acquiring companies outside India, and
unauthorized use of our intellectual property, other risks, uncertainties and general economic
conditions affecting our industry. There can be no assurance that the forward-looking statements
made herein will prove to be accurate, and issuance of such forward-looking statements should not
be regarded as a representation by the Company, or any other person, that the objective and plans of
the Company will be achieved. All forward-looking statements made herein are based on information
presently available to the Management of the Company and the Company does not undertake to
update any forward-looking statement that may be made from time to time by or on behalf of the
Company.
For more Information, please contact
Ajay Davessar
Corporate Communications
+91 120 4069000